Medstrat Posts Documents Confirming Terms Of Dismissal Of Merge's Lawsuit
DOWNERS GROVE, Ill., April 24, 2013 /PRNewswire/ -- Medstrat, Inc., a leading provider of picture archiving and communications system (PACS) technology to Orthopaedic practices and hospital systems, announced today that it has posted the terms of the Settlement Agreement by which Merge Healthcare dismissed its November 14, 2012 lawsuit filed against Medstrat. According to Michael C. Cowden , Medstrat's President and CEO, "The lawsuit was dismissed two months ago, but customers and prospects have continued to receive inaccurate information about the lawsuit and the terms of its resolution. The lawsuit's accusations were unproven and Medstrat did not pay Merge to drop them—indeed, Merge actually owes obligations to Medstrat under the Settlement Agreement. We trusted that our rejection of Merge's effort to keep the Settlement Agreement confidential would preclude subsequent misuse. We know accurate information is crucial to good decision-making. By posting these documents on our website, we are continuing to ensure that customers and prospects have access to accurate information."
The settlement documents are available at: www.medstrat.com